2025 Annual Comprehensive Report

Beginning

Ending Balance

Decreases

Increases

Balance, Restated

Business-Type Activities: Capital Assets, Non-Depreciable: Land Construction in Progress Intangible Assets - Easements

$

63,224,181 356,952,947 28,089,356 448,266,484 582,935,098 89,507,879 141,156,189 857,126,557 102,101,911

$

1,909,519 $

$

65,133,700 392,692,036 28,402,121 486,227,857 588,730,037 93,784,622 178,770,620 869,325,670 102,922,076

82,391,773

(46,652,684)

312,765

Total Capital Assets Non-Depreciable

84,614,057

(46,652,684)

Capital Assets, Depreciable: Buildings

5,794,939 4,301,968 38,901,361 12,199,113 1,005,688

Improvements Other Than Buildings Furniture, Fixtures, Machinery and Equipment

(25,225)

(1,286,930)

Infrastructure

Intangible Assets - Water Rights, Software & Licenses

(185,523)

Intangible Assets - Right to Use Assets Lease Equipment

493,467 310,164 13,887

40,663

(34,650)

499,480 310,164 13,887

Lease Vehicles

Lease Computer Equipment

IT Subscriptions

2,584,028

(66,883)

2,517,145

Total Capital Assets, Depreciable

1,776,229,180

62,243,732

(1,599,211)

1,836,873,701

Less Accumulated Depreciation/Amortization for: Buildings Improvements Other Than Buildings Furniture, Fixtures, Machinery and Equipment

(249,004,998) (45,074,478) (87,706,829) (439,047,641) (31,387,854)

(16,273,456) (2,847,561) (11,097,345) (17,949,875) (1,977,550)

(265,278,454) (47,903,444) (97,576,576) (456,997,516) (33,179,881) (221,766) (198,160) (11,284) (1,808,443) (903,175,524)

18,595

1,227,598

Infrastructure

Intangible Assets - Water Rights, Software & Licenses

185,523

Intangible Assets - Right to Use Assets Lease Equipment

(115,864) (94,772)

(140,552) (103,388)

34,650

Lease Vehicles

Lease Computer Equipment

(7,812)

(3,472)

IT Subscriptions

(1,217,507) (853,657,755)

(657,819)

66,883

Total Accumulated Depreciation/Amortization

(51,051,018)

1,533,249

Total Capital Assets, Depreciable, Net

922,571,425

11,192,714

(65,962)

933,698,177

Capital Assets, Net Business-Type Activities

$

1,370,837,909 $ 95,806,771 $

(46,718,646) $ 1,419,926,034

Balances were reclassified from prior year issued statements to better reflect the City’s capital asset policy. There is no net effect. Depreciation/Amortization expense was charged to functions/programs of the primary government as follows:

Governmental Activities:

General Government

$

3,408,209 2,884,774 9,142,189

Public Safety

Transportation, including depreciation of general infrastructure assets

Field Operations

125,078 288,207

Engineering and Building Maintenance

Culture and Recreation

4,878,387

Capital assets held by the government's Internal Service Funds are charged to the various functions based on their usage of the assets

20,479,906 41,206,750

Total depreciation, amortization expense - Governmental Activities

$

39t